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Search Results 0 to 22 of about 23 (some duplicates have been removed)
staffers with majority leader reid and minority leader mcconnell are trying to conjure up some last-minute deal and this plan would not be the grand bargain that john boehner started initially working on. that plan would have dealt with tax reform and deficit reduction and this will be a much more scaled back version that will deal with the issue of taxes and that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to increase on those making $250,000 or less. republicans have said that's way too low. so they're thinking about potentially compromising on a rate that would be $400,000 or $500,000, but some republicans are saying they don't think that the tax rate should go up on anyone. so taxes still the major sticking point. right now the negotiations are going on the hill and there's a lot of optimism that came from the talks yesterday. of course, president obama hosted congressional leaders at the white house and they left that meeting and many said that it was constructive and they were optimistic that a deal could get done
removed himself from these discussions. harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? we have a paired down legislation extending for income below $250,000 and doing something with unemployment insurance that you were talking about? the question is a senate filibuster, democrats need 60 votes and republican votes, mcconnell ends up filibustering and will there be senators who support the legislation and blocking the filibuster. a lot of gymsmanship and republicans when you lock at the situation in the house and the inability to pass along the other things, they are on the verge of taking a lot of blame if they filibuster the legislation and the house doesn't act on it. >> and only democratic support developing here. how much is he going to agree with the president when he has the election in 2014? some folks don't want to appear in any way too close to president obama right now. >> let's move on in term
. this afternoon senate minority leader mitch mcconnell said he wasn't willing to offer the white house a blank check just because we're on the edge of the cliff. take a look. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> well, actually it's not a blank check the president has been pushing. and this isn't a partisan statement. look at the numbers in terms of what the public thinks about what the president ran on which is to raise taxes for people who make over $250,000 a year. 47% of the country basically agrees with that, which is what he said. only 13% raise taxes for everybody. they are the real conservatives. and fiscally hawkish i would say. and 35% say no tax increase. so americans tend to agree with the president. when you go back to this campaign, there are very few other
mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure the anger perhaps that
the focus shifts to the senate. senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new year's was 1996. that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we do expect that he will cut his vacation short. you've heard the president hi
mcconnell, who will join his colleagues later today at the white house. [video clip] >> i told the president last night we would be happy to look at whatever he proposes. the truth is we are coming up against a hard deadline. as i said, this is a conversation we should have had months ago. republicans are not about to write a blank check or anything senate democrats before or just because we find ourselves at the edge of the cliff. that would not be fair to the american people. that said, we will see what the president has to propose. members on both sides will review it. then we will decide how best to proceed. hopefully, there's still time for an agreement of some kind that saves the taxpayers from a preventable economic crisis. host: damian paletta. guest: senator mcconnell is a pro at this kind of negotiation. he's going into this white house meeting saying, give us your proposal, let us see what you want to do, we will be willing to look at whatever you present. the potential problem is what the white house will present is something they are presented before that senator mcconnell has s
automatic tax increases and spending cuts come january 1st. senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator mcconnell, senator reid start off on this package, but doesn't that eliminate a big player in this, which is john boehner, if this has to get passed through the house? >> certainly and he's been talking with the speaker all along. i think he's basically saying the house is really at an impasse. i don't think they can pass it on their own, but if there's a bipartisan deal that senate republicans and senate democrats can pass, the speaker's office indicated they may bring it up in the house even if they only get 1/3 or 1/2 of the republicans, if there are enough democrats, it can pass in the house. that's really been the problem. the speaker wants to bring a bill and get the majority. >> jack, let me ask you, one of the complaints we've heard is that speaker boehner has a policy he does not bring a
still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. one that protects the middle class from an income class hike. one that extends it to 2 million americans looking for a job and lays the groundwork for more economic growth and debt reduction. >> that leads to the insistent park, asking reith who control the senate agenda and has a majority to pass things gets you most of the way through the senate. clearly the president wants mcconnell and the republicans not to filibuster and to be a senate vote, which leads to the most insistent part, the president basically pointing the finger at house speaker john boehner who controls the house and could refuse a vote even if this obama-friendly package passes the senate. he's saying to house republicans, you better let us get not what you want, but something where we can reass
of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker j
baker without thinking about our current leaders. there are contrast. senator reid and senator mcconnell did not create the hyper partisan senate. they inherited it, basically. they certainly have not done anything to reverse the situation. instead it has gotten worse. i think senator mcconnell really bears the special responsibility. he is the architect and the symbol of a policy of absolute obstruction. the obstruction began at the beginning of president obama's presidency. at a time of absolute national economic crisis,it is utterly impossible for me to conceive of senate leaders that i grew up with being as different as it can be from howard baker or any of the great leaders. i think it is contrary to the way that the senate worked when it worked at its best. the senate is supposed to be the national mediator. that is a place where the parties come together and reconcile and not inflame differences. it did not work that way at all in the past -- in a long period of time. the frustration i have the senator mcconnell is number one, he deepened the problem. he has driven the senate to a
tomorrow afternoon. host: both majority leader harry reid and mitch mcconnell both expressed optimism after the meeting with the president. what is the basis of their optimism? is this a sign we might be one step, two steps, through step closer to a deal? caller: it does appear we are a step closer to a deal. they are talking about doing is extraordinarily popular stuff. except for the big marquee item, which is letting taxes rise on the wealthy. the rest of the stuff they are looking at doing the stuff they do all the time. it is extending an expiring tax policies. they know the benefit businesses. extent college tuition credits. there are looking at protecting people from the alternative minimum tax. it is all very urgent stuff that needs to be done. there are only two remotely controversial pieces of this, that is what to do with the estate tax and to how to define the wealthy people whose taxes are going to go up. the rest of it is, basically protecting people from tax hikes. i guess extending unemployment benefits and sometimes controversial for the republicans. it appears to have agre
are on the senate this morning as majority leader harry reid and minority leader mcconnell true to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax cuts would be extended for those making $250,000 or less with rates allowed to raise on top income earners. it would also extend unemployment insurance benefits. president obama saying the time for action is now. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they do their jobs. they meet deadlines. they sit down, and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elect
majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell, and house speaker john boehner. have four dates to reach an agreement, but the u.s. economy would go off a fiscal cliff. that's when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at whatever he proposes. the truth is we are coming up against a hard deadline. this is a conversation we should have had months ago. clerk democrats want to extend bush-era tax cuts to everyone except those americans making to a hundred $50,000 or more per year. many republicans are against any tax increases. -- democrats want to extend bush-era tax cuts to everyone except those americans making $250,000 per year. >> d.c. mayor vinc
to face meeting between the president and gop leaders since december 16th. senate minority leader mitch mcconnell has indicated that he is eager to hear from the president who is hoping to be able to jump start the negotiations. that is the latest here at the white house. back to you. >> thank you. >>> we want to know your thoughts on all of. this what do you think about congress not reaching a deal so far on the fiscal cliff? share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >>> also in the news today, remembering an american hero. desert storm commander norman schwarzkopf has died. the retired general died yesterday from come indications of pneumonia. he was given the nickname stormin' norman. >> president george h. w. bush from his hospital bed described him as quote be a good and decent man. the elder bush is still in intensive care in houston but his long time chief of staff says put the harps back in the closet. she says the former president is expected to be in the hospital identify long t
, steny could have come up with a better met it at that for than that. that was senator reid and mcconnell and congressman hoyer in washington. brian sullivan is here and refuse rend al sharpton and richard wolf on assignment and joining us on set is rana and in washington eugene robinson. gene, thanks for getting dragged out of bed this morning. what was your initial reaction watching that clip of those three guys talking about this thing? >> you know, where are we? my initial feeling was this isn't going anywhere, and we have to go over the cliff and then they'll fix it. that's amy initial reaction. it doesn't sound like there's anything productive happening, if that's what everybody is still saying about the state of the negotiations. there don't seem to be any real negotiations. >> i have to say, i ought thought this is exactly where we'd be right now. in the beginning i couldn't believe it. >> why did you think that? >> because she's smarter than you. >> i middle east everybody is. >> i called up our washington bureau chief who is smart. right after the elections when everybody starte
to let that vote occur. mr. mcconnell: mr. president? the presiding officer: the republican leader. mr. mcconnell: most people are focused, of course, today on what happened over in the house. i'd like to focus on a press conference that congressional democrats held just a few hours earlier. here were the leaders of the democratic party here in the senate, other than the president, these are the folks with the greatest responsibility for protecting the american people from a massive tax hike coming in january. and what do they do? they stood in front of the cameras and laughed, laughed. they giggled at a bunch of bad jokes and told the american people they didn't plan to do anything this week, nothing. absolutely nothing. democrats in the house vowed they wouldn't vote for this bill. the majority leader vowed he would ignore it if it made it out of the house and went to the senate, and the president vowed he would veto it if it made it out of the senate. so democrats spent all day yesterday, literally all day yesterday defeating a bill that would have made current tax rates permanent f
to the senate where harry reid and mcconnell can try to come to some, you know, functional su render for republicans and kick the cannon a lot of other issues and see if that can pass in the next ten days am buts that still has to pass the house. and so i think the chances of backing off of the cliff are higher than they ever have been. >> you know, i listened to some of these recalcitrant house republicans today, mark. and they were saying, i was to the going to vote for a tax increase when my constituent was never have gone along with that. >> well, i think there are two realities, here, judy. first of all there's a lot of republicans, more than a few democrats who are terrified of one thing, that's being primary, primary opponent without going to run on your right if you are a republican. on your left if you are a democrat. it's really become a problem for republicans. because this has been an article of faith that said before it is since 1990 that any republican in the house or the senate voted for a tax increase on capitol hill. any republican. now of the 2 41 republicans now in
only a senator mitch mcconnell of kentucky, the republican leader, will assure them it will not be filibustered -- investors anticipate a turbulent week in the market of congress and the white house continued the standout. i also note that mr. mcconnell's own reelection bid is coming in 2014. the borrower review of the nothing to shift the anger of some self assessment of the speaker does nothing to pass it does go to the floor. the bill is not moving along, says bob corker from tennessee. here is what the republican from idaho had to say about the fiscal cliff negotiation. [video clip] >> if we get down to the end of the year and the only choice we have is to save taxes going up on the middle-class, i would support that. but i wish we had a comprehensive bill that dealt with spending, entitlement, and taxes altogether. that is really what we ought to do. host: that was senator johnny isaacson from georgia, excuse me, not from idaho. we will go back to the question here for all of you. we will continue to give you news from the newspapers. but how does religion and l
solution. >> reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he's the only one who can do it. this isn't john boehner's problem to solve. >> reporter: without a deal, steep tax hikes and massive government spending cuts are set to trigger after january 1. cnn, washington. >>> if there is a new ban on assault weapons, could that mean current gun owners would have to give their guns up? the answer may surprise you. th. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. >>> many americans from the president on down
widespread support from mitch mcconnell and the leadership, but just a few who are maybe retiring, or leaving the senate. >> reporter: that's a great question. first and foremost they would have to be able to swallow the idea that they will effectively vote to raise taxes on the top 2% of americans which most republicans said they do not want to do because they think it is bad for the economy. to answer your question, it is probably the biggest sweetener for republicans and seen some moderate democrats by the way is the estate tax. the estate tax is in place right now at a relatively low threshold. it would go up big time at the end of the year. and that is something that is very important to a lot of republicans. that could be a sweetener. i think probably the best argument the democrats have for some of those republicans is that they don't want to be in the way or they don't want to be responsible in any way for every american's taxes going up, including most importantly the people who really, really need that money, people who just aren't the wealthiest in this country. >> dana bash, six d
Search Results 0 to 22 of about 23 (some duplicates have been removed)